Inchcape welcomes ITC and Simpson Motors, expanding distribution footprint into the Caribbean
Inchcape plc, ("Inchcape" or "the Group"), the leading global automotive distributor, has completed the acquisition of the ITC Group, owner of Interamericana Trading Corporation (ITC) and Simpson Motors from the Simpson Group.
The acquisition expands Inchcape's global footprint with entry into the Caribbean, further building on its presence in the Americas. The addition of ITC and Simpson Motors strengthens the Group's geographic reach with Suzuki, Mercedes-Benz, and Subaru, and broadens its OEM relationships, with the addition of Chrysler to its list of brand partners.
The acquired businesses are expected to add c.£120m of annualised revenue and will be accretive to Group margins.
ITC adds leading distribution operations in the Caribbean region across over 30 territories - including Jamaica, Guadeloupe, Trinidad and Tobago and Martinique. It distributes vehicles for Suzuki, Mercedes-Benz and Stellantis via a [...]
• In 1952, the 300 SL racing sports car became the first vehicle in a unique and uninterrupted tradition • The latest generation of the icon: The new Mercedes-AMG SL (R 232) • The consistent Performance Luxury model offers a driving experience at the highest level • Special exhibition extended: “The Fascination of the SL – a Dream Car for 70 Years” at the Mercedes-Benz Museum with ten SL sports cars until 9 October 2022
Stuttgart. The two letters SL are the world-famous hallmark and distinction of a unique Mercedes-Benz sports car tradition: for 70 years, the abbreviation has stood for “super-light” and thus for sporty motoring – from the 300 SL racing sports car (W 194) from 1952 to the latest SL in the 232 model series from the sports car and performance brand Mercedes-AMG. The forefather W 194 remains reserved for motorsport, but in doing so it conveys an important [...]
The Subaru XV underwent a mid-generation refresh that refined its looks and added the option of a 182-horsepower, 2.5-liter four-cylinder engine.
Adaptive cruise control joins all-wheel drive on the model's list of standard features. Subaru also offers the XV with a manual transmission, hill descent control and inclement conditions drive modes. The interior of the XV is lifestyle-friendly with plenty of room for taller adults in the back seat and gobs of cargo space. Its seats are comfortable and center console controls are easy to work on the go.
From Isuzu Media.com :The Isuzu D-Max has been named the Best Value Pick-up of the Year by renowned specialist publication 4x4 Magazine. Having collected the Pick-up of the Year accolade in 2021, the Isuzu D-Max has continued this winning trend by being awarded the Best Value title for 2022.
The All-New Isuzu D-Max, which launched earlier this year, combines smart, bold, and aggressive styling, and improved off-road performance with class-leading safety technology. Not only does it deliver the capability and durability you would expect from an Isuzu pick-up truck, but this tough workhorse has also now added superior levels of comfort, refinement, and next-generation technology.
Appealing to a wide variety of drivers, from fleet operators to families, the Isuzu D-Max model range is structured into three segments: Business, All-Purpose and Adventure, resulting in an Isuzu D-Max [...]
Sir Kyffin Simpson, Founder of Barbados’ leading Automotive Dealer - Simpson Motors & prominent Regional Automotive Distributor – ITC – announced today an agreement to complete a Business Combination between ITC & Simpson Motors and Inchcape Plc – the world’s largest global automotive distributor, operating in 36 territories, across six continents.
“We are delighted to announce an exciting and transformational development for our Automotive Group that will propel the business into a new and important chapter in its history that will strengthen, secure and expand the business for the future.
I am exceptionally pleased to announce the coming together of ITC and SML with Inchcape that will ensure an exciting and dynamic future for everyone. With a desire to continue to develop and grow the business through expansion in new [...]
Subaru of America, Inc. today announced that for the third consecutive year, the automaker has been awarded top honors in the J.D. Power 2021 Best Brand Loyalty Award. The distinction recognizes automotive brands for a combination of longevity, value, trust, and performance stemming from the J.D. Power U.S. Automotive Brand Loyalty Study. Subaru earned a loyalty rate of 61.8%, the highest overall score across both the mass market (non-luxury) and luxury automakers.
"At Subaru, we strive to be more than a car company in everything we do – it's at the heart of what makes us Subaru, and we believe it's why our valued owners continue to choose Subaru," said Thomas J. Doll, President and CEO, Subaru of America, Inc. "This award from J.D. Power is a resounding reinforcement of the loyalty of our customers and we are so proud to be able to provide long-lasting value for them, as both an automaker and a [...]
The globally successful AMG GT 4-Door Coupé is now even more individual than ever, so strengthening its position as the perfect automotive companion for any life situation. An exclusive edition underlines the multifaceted character of the four-door sports car. In addition, there is an extended choice of wheels, upholstery, trim, exterior colours and a retuned suspension with an even wider spread between sportiness and comfort. Thanks to an extensive update last summer, the AMG GT 4-Door Coupé already has state-of-the-art technology. New features include updated driving assistance systems and, fitted as standard, the Widescreen Cockpit including the MBUX multimedia system with AMG-specific displays and functions. The new models will make their debut with the 6-cylinder variants, which will be arriving at European dealerships as early as August.
From www.subaru.asia: Dr Joanna Ines used to tend to car crash victims. One morning, she almost became one herself.
For Dr Joanna Ines, an obstetrician-gynecologist in training at Manila’s Chinese General Hospital, taking the same route to work for three years made the journey seem almost automatic. Then one Monday in July, that all changed. That day, the journey to work started like any other. She left her hometown of Concepcion, in the Tarlac province, heading for the city. She had a busy schedule of operations to perform. It was 4.20am and the roads were dark and quiet. Her two Shih Tzus who frequently accompanied her on her trips to Manila snoozed softly beside her in the passenger seat of her Subaru XV. The car was a gift from her parents three years before, to celebrate her passing her medical board exams.
From Forbes.com: Mitsubishi’s in-house motorsport and tuning arm, Ralliart, is set to make a timely comeback after an 11 year hiatus.
At the firm’s earnings announcement today in Tokyo, it was revealed that the well-known sub-brand will be revived to strengthen what the company calls “Mitsubishi-ness driving.” Or put another way, that translates as a reinforcing of a dormant motorsport dynasty boasting world-beating handling and performance good enough to win the grueling Paris-Dakar Rally 12 times and capture four driver’s titles in the World Rally Championships.
The Pajero SUV and Lancer Evolution names became synonymous with rally victories from the 1980s, results that significantly helped the brand to sell its 4WD vehicles around the world into the 21st century.
But the company pulled out of the WRC and Dakar Rallies in 2005 after a series of [...]
Subaru of America, Inc. today announced that the automaker has won three categories in Kelley Blue Book's 2021 5-Year Cost to Own Awards. The 2021 Subaru Ascent, Forester and Outback earned top spots in their respective segments. The Forester secured its win for the second year in a row.
2021 Subaru Ascent 5-Year Cost to Own Award: Mid-Size – 3-row
2021 Subaru Forester 5-Year Cost to Own Award: Compact SUV
2021 Subaru Outback 5-Year Cost to Own Award: Midsize SUV – 2-row
"We are thrilled to receive the 2021 Kelley Blue Book 5-Year Cost to Own Award for Ascent, Forester, and Outback from Kelley Blue Book," said Thomas J. Doll, President and Chief Executive Officer, Subaru of America, Inc. "These awards reinforce our commitment to providing customers with vehicles made to the highest standards of safety, reliability, dependability and value."
Kelley Blue Book, the leading provider of new and used vehicle valuation and information, created the 5-Year [...]